Article Posted on : - Dec 14, 2010

A video grab showing Russian Prime Minister Vladimir Putin visiting the Alexander Nevsky nuclear submarine in the northern region of Severodvinsk.

MOSCOW (BNS): Russian armed forces will receive over 1,300 types of weaponry in line with a draft arms procurement program until 2020.

"We will need to set up new or expand the existing production lines to manufacture 220 of the new types of weaponry," Russian Prime Minister Vladimir Putin was quoted by RIA Novosti news agency.

The country will be allocating more than $640.7 billion for the procurement of such weapons and military equipments.

The new programme is expected to stipulate the upgrade of up to 11 percent of military equipment annually and will allow Russia to increase the share of modern weaponry to 70 percent by 2020.

Vladimir Putin, who was visiting the Alexander Nevsky nuclear submarine, also congratulated the crew on the start of dock trials. The submarine is currently under construction at the Sevmash shipyard in the northern region of Severodvinsk.

He added that the submarine is due to enter Russian Navy in December 2011.

Alexander Nevsky is the second of the Borey class nuclear submarines being built at Sevmash.